Home » Posts tagged 'energy supplies'

Tag Archives: energy supplies

Olduvai
Click on image to purchase

Olduvai III: Catacylsm
Click on image to purchase

Post categories

Post Archives by Category

US Hints At Naval Blockade Of Russian Energy Exports Which Moscow Warns Would Be “An Act Of War”

In a interview about fracking and the implications of making the United States less dependent on foreign sources of energy, Interior Secretary Ryan Zinke told the Washington Examiner that the US Navy has the ability to blockade Russia from controlling energy supplies in the Middle East.

“The United States has that ability, with our Navy, to make sure the sea lanes are open, and, if necessary, to blockade… to make sure that their energy does not go to market,” Zinke said on Friday at a Consumer Energy Alliance event in Pittsburg.

The comments came as Russia, Germany and other European partners move forward on the Nord Stream II pipeline — something President Trump has vehemently opposed because of the leverage it gives Russia over Europe, and something which US officials have discussed sanctions over if Russia decides to play dirty with the pipeline.

Interior Secretary Ryan Zinke speaking at an industry event on Friday. Image source: State Impact Pennsylvania

Zinke continued, “Russia is a one trick pony,” and explained Russia’s ability to sell energy is paramount to its economic survival: “I believe the reason they are in the Middle East is they want to broker energy just like they do in eastern Europe, the southern belly of Europe,” he said.

While Russia has been engaged in military action in Syria since 2015 at the request of the Syrian government, the West has long accused Moscow of seeking a permanent presence in the Middle East to ensure oil and gas access.

In the process, Moscow and Tehran have grown closer as the two come under aggressive US sanctions and gained international pariah status. Secretary of the Interior Zinke explained of the Iran situation: “National security-wise, how are you going to deal with Iran?” Zinke asked. “Well, there are two ways.”

…click on the above link to read the rest of the article…

Gail Tverberg: Something Has Got To Break

Gail Tverberg: Something Has Got To Break

Growing debt faster than your energy supply has hard limits

Actuary Gail Tverberg explains the tight correlation between the rates of GDP growth and growth in energy supply. For decades, energy has been becoming more costly to obtain, and instead of accepting lower GDP growth, we have been using debt to fund further energy exploration and extraction.

That strategy has diminishing returns, Tverberg warns. And we are close to the moment of reckoning:

The more we look at it the more we see that the rate of growth and energy supply is very closely correlated with the rate of GDP growth. And I know on some of my recent posts I’ve included a chart that goes back to 1820 that shows the same correlation. You have to have an increasing supply of energy in order to get GDP growth. The GDP growth tends to be a little higher than the energy growth. That’s especially the same when we made the change in the mid 70’s, when we had the big first oil crisis and we realized that Japan had already started making small cars, and so we could make smaller cars, too, and save quite a bit of oil very quickly. And we realized then that we didn’t have to burn oil to create electricity; there were a lot of other alternative approaches, including nuclear. So we pulled those off line, and where home heating had been done by oil it was easy to transfer that to other types of energy. So we had a number of different things we could do very quickly back then — and I think people got the idea that because we could pick the low-hanging fruit, then somehow or other we could do the same thing again. But we’re not getting that same kind of effect any more.

…click on the above link to read the rest of the article…

Russia says to supply coal, electricity to Ukraine | Reuters

Russia says to supply coal, electricity to Ukraine | Reuters.

(Reuters) – Russia has agreed on a new deal to supply coal and electricity to Ukraine, which is struggling with a lack of raw fuel for power plants due to a separatist conflict in the industrial east, Russian officials said on Saturday.

The move comes a day after Kiev said it would suspend train and bus services to Crimea, effectively creating a transportation blockade to and from the region annexed by Moscow in March this year. Kiev has briefly cut off electricity to Crimea before.

Russia will supply coal and electricity to Kiev without advance payment as a goodwill gesture from President Vladimir Putin, his spokesman Dmitry Peskov told TASS news agency.

“Putin made a decision to start these supplies due to the critical situation with energy supplies and despite a lack of prepayment,” Peskov said.

Russia plans to supply 500,000 tonnes of coal to Ukraine per month, Deputy Prime Minister Dmitry Kozak told Rossiya 24 television. It is ready to supply another 500,000 tonnes per month if an additional agreement is reached, he added.

…click on the above link to read the rest of the article…

Olduvai IV: Courage
Click on image to read excerpts

Olduvai II: Exodus
Click on image to purchase

Click on image to purchase @ FriesenPress